JRM Investment Counsel LLC Buys 57,769 Shares of Vanguard FTSE Developed Markets ETF $VEA

JRM Investment Counsel LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 591,379 shares of the company’s stock after purchasing an additional 57,769 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 10.2% of JRM Investment Counsel LLC’s portfolio, making the stock its 3rd biggest holding. JRM Investment Counsel LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $30,060,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VEA. Kessler Investment Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter worth about $26,000. von Borstel & Associates Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $26,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $26,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $28,000. Finally, Chapman Financial Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $29,000.

Vanguard FTSE Developed Markets ETF Stock Up 1.6%

NYSEARCA:VEA opened at $59.56 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $59.67. The stock has a market capitalization of $171.12 billion, a PE ratio of 16.34 and a beta of 0.89. The stock’s 50-day moving average price is $57.19 and its 200-day moving average price is $54.01.

Vanguard FTSE Developed Markets ETF Company Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.